Current Price

Company Overview

Company Metrics

9.56
P/E

1.34
P/S

0.82
P/B

2.81
EPS

5.51%
Cash ROIC

0.29
Cash Ratio

0.00 / 0.00
%
Dividend

1.87M
Avg. Vol.

137.01M
Shares

3.68B
Market Cap.

Company Description

Diamond Offshore Drilling, Inc. operates as an offshore oil and gas drilling contractor worldwide. The company provides offshore drilling services in the deepwater, harsh environment, conventional semisubmersible, and jack-up markets to independent oil and gas companies and government-owned oil companies. As of December 31, 2009, it operated a fleet of 47 offshore rigs consisting of 32 semisubmersibles, 14 jack-ups, and 1 drillship. The company was founded in 1989 and is headquartered in Houston, Texas. Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation. less

Diamond Offshore Drilling, Inc. operates as an offshore oil and gas drilling contractor worldwide. The company provides offshore drilling services in the deepwater, harsh environment, conventional semisubmersible, and jack-up markets to independent oil and gas companies and government-owned oil companies. As of December 31, 2009, it operated a fleet of 47 offshore rigs consisting of 32 semisubmers... more

News

Diamond Offshore Drilling, Inc. (NYSE:DO) is a leader in offshore drilling. The company provides contract drilling services to the energy industry around the globe with a total fleet of 39 offshore drilling rigs, (2 under construction).

Evercore ISI analyst, Jame West, has downgraded Diamond Offshore Drilling Inc (NYSE:DO) stock from Hold to Sell, with the target price of $27, on the view that the plummeting oil prices will create further imbalance in the market.

Diamond Offshore Drilling, Inc. (NYSE:DO) encountered a drop of 10.7% or -1,588,672 shares in the short positions. The number dropped from 14,851,552 on February 13,2015 to 13,262,880 on February 27,2015.

Diamond Offshore Drilling logo Research analysts at FBR & Co. dropped their price target on shares of Diamond Offshore Drilling (NYSE:DO) from $40.00 to $30.00 in a report released on Tuesday. The firm currently has a “market perform” rating on the stock.

Diamond Offshore Drilling logo FBR & Co. lowered their target price on shares of Diamond Offshore Drilling (NYSE:DO) from $40.00 to $30.00 in a research note issued on Tuesday. The firm currently has a “market perform” rating on the stock. FBR & Co.